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Chicago agricultural futures lower in morning trade

Xinhua,February 10, 2018 Adjust font size:

CHICAGO, Feb. 9 (Xinhua) -- Chicago Board of Trade (CBOT) agricultural commodities traded lower on Friday morning, as forecasts add rainfall in major soybean exporter Argentina and in the grains belt of U.S. southern Plains.

March corn were down 1 cents at 3.6475 U.S. dollars per bushel as of 1450 GMT, March wheat was 3.5 cents lower at 4.5275 dollars, and March soybeans was 3.75 cents lower at 9.84 dollars.

As for international market, Egypt's General Authority For Supply Commodities is tendering for world wheat for delivery between March 12-22 and based on pricing, and analysts expected that Russian or Eastern European wheat will dominate the purchase. Enditem